LATEST NEWS
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Mondelēz posts 7.9% revenue growth in Q1 as Carlsberg celebrates a “good start to the year”
US – American multinational snack and food company Mondelēz International has reported 7.9% growth in first-quarter net revenue to US$7.24 billion, driven by organic net…
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Private label sales rebound as falling incomes force consumers to closely watch their budget
GLOBAL – After a disappointing 2020 where growth in private label sales was outpaced by National Brands for the first time in in a decade,…
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UK food and beverage exports to EU decline by US$1.5 billion as Brexit realities continue to impact trade
UK – In the first few months of 2021, Britain’s exports to the EU were down more than £1.1 billion (US$1.5 billion), according to a…
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United Breweries Q4 profits rise as Britannia’s quarterly fortunes plunge 7%
INDIA – United Breweries, one of the leading beer makers in India, has reported a consolidated net profit of Rs 97.53 crore (about US$13 million)…
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State-owned TADB seeks to partner with local cashew nut, grapes sub-sector players to enhance productivity
TANZANIA – Recognizing the opportunity in the cashew and grapes sub-sector, the Tanzania Agricultural Development Bank (TADB) is setting out to support investment in the…